Property Type: Detached HouseOwnership: Freehold

8700 Mabel Lake Road

Lumby, BC V0E2G0

$799,900

2 bed1.5 bath7 parking400 sqftBuilt 1960
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.5 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,531.94

Interior

Heating
See remarks
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Parking

Total spaces
7 — uncovered indicated
Features
RV

Room Dimensions

RoomLevelDimensions
Partial bathroomMain level5' x 5'
Living roomMain level16' x 12'
KitchenMain level12' x 8'
BedroomMain level10' x 8'
Primary BedroomMain level10' x 8'

Listing Information

MLS®
10373028
Listed
January 16, 2026
Time on market
On the market for 227 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

Welcome to Your Very Own Oasis on Mabel Lake! Experience 130 feet of breathtaking beach waterfront at this exceptional property. You'll be captivated by the spectacular views, waking up each morning to panoramic vistas of the water and enjoying sunsets that will leave you in awe. Waterfront Enjoyment: Delight in the lake life with two professionally installed mooring buoys, perfect for boating, fishing, or just soaking up the sun. This space is ideal for entertaining friends and family or savoring peaceful evenings under the stars. Rustic Cabin Charm: This property features a charming 1960 rustic cabin that needs a little love. Once updated, it offers two cozy bedrooms, a kitchen, and a living room, providing a perfect space to relax and unwind. Room for Adventure: There's ample space for two RVs and all your water toys, thanks to a thoughtfully built retaining wall that allows for convenient parking. Plus, a water license is included with the property, granting you usage rights from Mabel Lake, making access to the lake effortless for boating and launching directly from your own property. Seller will include a commercial generator, just needs to be converted from gas to propane. This is an amazing opportunity to create your dream lakefront retreat. Schedule a tour today and envision the endless possibilities! (id:63159)

Values & Trends

This listing

$2,000/sqft

Building average

No other active listings in this building

Mabel Lake South average

$1,074/sqft

1 active listing(s)

Parking: 7 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Vernon

16°C

Humidity 68%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$147.66
Total monthly cost$4,276.21
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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